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Investment update - February 2009


 

IN THIS ISSUE
Mercer asset manager fee survey 2008   
2009 EIF
2009 - Global - Cleantech investment issues in private equity markets
Cash and cash funds - A primer  
Market turmoil in DC - Where do we go from here?  
Mercer offers "carbon footprint" analysis of client portfolios  
National Funds  
Opportunity knocks?
The consultant's role in responsible investment
US DC  
Pension risk management
Contact us  

Important issues for investors globally

We are pleased to welcome you to the February 2009 edition of Mercer's investment consulting e-news update.

 

Special editorial bulletin

 

Mercer asset manager fee survey 2008

 

Mercer’s 2008 Asset Manager Fee Survey is a biennial report analysing fee data on 19,000 asset management products from 3,400 investment management firms. The survey covers asset managers in a range of geographies and across numerous products including pooled and separately managed accounts.

 

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2009 Mercer European Investment Forum - Save the date

Event date: 13-14 May 2009

 

A one and a half day conference looking at the challenges and opportunities facing investors in these turbulent times to be held at the Four Seasons Hotel, Dublin on 13 and 14 May 2009

 

Sessions will include:

  • governance - Back to basics!
  • industry and manager search trends
  • client panel discussion (PowerPoint banned!)
  • the benefits of diversification - fact or fiction?
  • benefiting from the global economic and financial change
  • keynote speakers and more...

 

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2009 - Global - Cleantech investment issues in private equity markets

12 February 2009

 

This paper focuses on cleantech investments in the private equity market, as this is a segment that displays unique characteristics from the opportunities that exist in the listed market. We also discuss some of the issues surrounding risk/return and diversification that are of paramount importance for considering strategic allocation to cleantech via private equity.
 

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Cash and cash funds - A primer

14 January 2009

 

The question “What is cash?” seems straightforward enough and if asked of the average person in the street, a simple and not an incorrect answer would no doubt be forthcoming. However, in the world of institutional investment, this question has become much more complex in the last few years as institutions have moved away from “simple” cash, such as overnight deposits with banks, to a variety of funds, including liquidity funds, money market funds, short-term investment funds, etc.

 

This primer aims to explain in more detail the nature of cash and liquidity funds, the difference between the different types of funds and what investors need to be aware of when considering investing in these funds.

 

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Market turmoil in DC - Where do we go from here?

8 January 2009

 

In recent months there has been no getting away from the headlines about the fall in equity markets and the impact it has had on defined contribution (DC) pension pots. Inevitably members have been concerned and call centres have been inundated with enquiries from anxious members, leading to trustees and sponsors asking what they can do. In this article we look at the concerns of the impact of the recent market fall to see if it really is as bad as DC members have been led to believe or whether the headlines could potentially trigger the real damage of members taking action and consolidating their loss. We also look at some of the initiatives trustees and sponsors could implement to alleviate some of these concerns both now and in the future.

 

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Mercer offers "carbon footprint" analysis of client portfolios

11 November 2008

 

In a world that is increasingly interested in aligning economic growth with its environmental impact, Mercer is pleased to announce that it now has the capability, through Style Research Portfolio Analyzer (SRPA), to provide clients with the ‘carbon footprint’ of their portfolio/s, and compare these with the carbon footprint of a chosen benchmark, such as the FTSE All-Share, S&P 500 or Russell 1000. For further information on this and other responsible investment queries, please contact either your consultant or one of the Responsible Investment team members; contact details can be found at the RI team site.

 

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National Funds

25 November 2008 

 

National Funds have established themselves as large, sophisticated global financial players through their range of investment activities across a variety of asset classes and markets, in both advanced and emerging economies. Mercer’s services to National Funds are based on the expertise of consultants who already partner with National Fund organisations across the globe. The team is responsible for leveraging Mercer’s global capabilities to meet the special needs and particular circumstances of National Funds. Mercer provides specialist and tailored services across the investment value chain to assist National Funds with all their investment decision-making and implementations needs. 

 

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Opportunity knocks?

27 January 2009

 

In our recent article on Mercer.com, “Has the music stopped?” we suggested that the current market dislocation may have presented long term investors with a number of interesting, nay compelling, investment opportunities.

 

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The consultant's role in responsible investment

22 January 2009

 

The fusion of responsible investment (RI) investing with mainstream investing has been and continues to be an intriguing and fascinating experience. 

 

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US DC

22 January 2008

 

DC plan sponsors begin 2009 on the heels of a bruising year – one that even veteran investment professionals are characterizing as extraordinary. The significant decline in capital markets coupled with extreme investment volatility, which may continue into the New Year, raises many issues for sponsors of these retirement plans. Looking forward in 2009, there are numerous issues sponsors need to address when reviewing their plans, from the plan’s governance to the choice of low-risk investment options.

 

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Pension risk management

11 February 2009

 

Long gone are the days when plans could be put on "auto-pilot," requiring nothing more than an annual check to ensure that contributions were sufficient over the long-haul. To help sponsors deal with the changes that have taken place and to be prepared for the future, Mercer has developed a new and innovative framework for budgeting, monitoring and managing pension plan risk.

 

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Mercer is a leading global provider of investment services, and offers customized guidance at every stage of the investment decision, risk management and investment monitoring process. We have been dedicated to meeting the needs of clients for more than 30 years, and we work with the fiduciaries of pension funds, foundations, endowments and other investors in some 35 countries. We assist with every aspect of institutional investing (and retail portfolios in some geographies), from strategy, structure and implementation to ongoing fiduciary management.